923 S State Avenue
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923 S State AvenueIndianapolis, IN 46203


Active
$300,000
Asking Price
3
Bd
2
Ba
1,638
Sqft
2,352
Sqft Lot

923 S State Avenue Indianapolis, IN 46203


Single Family Property Type
37 daysTime on Dwellane
$183Price per sqft
1 carGarage
2016Year Built
This STR portfolio is comprised of four properties totaling 16 rentable units. Current ownership has demonstrated strong short-term income potential. Near downtown locations and boutique finishes drive high occupancy and opportunities for increased revenue with a combination of STR and MTR. Conversion to townhomes/condos or LTR as well as development of included green space to add units offer multiple investment strategies.

Approximate location on a geospatial gridCentral Indy
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Year Built

2016

City

Indianapolis

Type

Single Family Residence

Neighborhood

Fountain Square

County

Marion

Lot Size

0.05 ac / 2,352 sqft

Bedrooms

3

Full Bathrooms

1

Half Bathrooms

1

Garage Capacity

1

Living Area Total

1,638 sqft

Price per sqft

$183.15

Living Area Main & Upper

1,638 sqft

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Listing Agent

Cory Gardner
260-705-7325

Listing Provider

Gardner Property Group

MLS #

22037118

Source

MIBOR as distributed by MLS GRID

Last Modified

Wed May 21 2025

Listed on

Fri May 16 2025


Property History

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Fountain Square

Approximate location on a geospatial gridCentral Indy
Fountain Square media

It’s just a mile and a half from the heart of Downtown Indianapolis, but Fountain Square has a vibe all its own. Situated just southeast of downtown, Fountain Square is a cultural hub teeming with unique shops, art galleries, music venues, and dining establishments. The neighborhood's focal point is the Fountain Square Plaza, home to the iconic fountain that gives the area its name. From the retro charm of Atomic Bowling Duckpin and the artisanal craft brews of Upland Brewing Co to the vintage glamour of Fountain Square Theatre and the eclectic vinyl collection at Square Cat Vinyl, there's something for everyone. Visitors can also explore the literary treasures at Indy Reads bookstore or enjoy a night of live performances at the White Rabbit Cabaret. From trendy boutiques and hip cafes to funky bars and live music venues, Fountain Square offers something for everyone, making it a must-visit destination for those seeking a unique and vibrant urban experience in Indianapolis.

Neighborhood Features

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